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1661  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2019, 09:32:22 PM
[edited out]

Bravo, that may have been your longest post ever. I am honored Wink

NOT...   

You are on the money on most parts but as for the spin doctor part. Its an interesting conjecture on your part, but no Im not trying to influence the market. I cant imagine any situation where a few hundred posts over 5 years would ever have any influence whatsoever. Surprised you would even think I might bother attempting that but its still kinda interesting, I mean WO is the CEO of Bitcoin and all the banker bigwigs are probably reading this to learn about Bitcoin. Roll Eyes

Some troll posters seem to have had those kinds of presumptions here, historically.  Though in recent months, it does seem to me that trolling here is generally down, unless they have gotten more sophisticated?    You guys have been replaced by bots, perhaps?  Cheaper for the lizard overlords to attempt to employ bots, and bots are getting smarter, too.

As for the last part. You wanted to know exactly why I believed the bottom was in. To give you an in depth and candid answer would require my fairly complicated trading/investing procedures that are very unorthodox and completely a product of my own sweat and creative energy over 16 years.

You think I would believe that level of bullshit explanation?  Get real... you almost deserve a batman/robin slap gif, for that comment.

By the way, I am not asking for any kind of "in depth" answer, just anything quasi-plausible would be better than your bullshit evasiveness about something so goddamned simple.

Its not about which TA metric did I willy nilly pick out of a book and I dont want to tell you which one it is. If I had copied it from someone else Id have no problem sharing it. Im being completely truthful about this, and I cant imagine why this would be hard to believe.

When posters use words like these:  "Im being completely truthful about this," it is time to run for the hills.



I would think that many people have developed unique ways to analyze available info without resorting to being a drone like Tone Vays and counting to 9 over and over. Grin Its not so much its a trade secret and someone will steal it if I share all my methods, its more that I have no benefit to share them and dont feel like having to go through a tedious process of explaining things that would be time consuming for me to communicate effectively just so strangers on the web can critique them or whatever else they want to do. Answering your questions completely would be a major imposition on my time and privacy and doesnt benefit me in any way, so I politely declined.

Oh my!!!!   When I thought that the explanation could not get any worse.  It did.   Roll Eyes

If it was a simple run of the mill answer like you gave example to above, I would be happy to share that, but its not so I declined.

I gave the example to show how easy an answer could be, and i don't see how responding could be any more convoluted than that, and your ability to make your answer (response) so stupidly convoluted shows your shit fulledness levels.

Pretty fair and reasonable and very believable if you can imagine that many people out there who are heavily involved in any activity such as trading, investing, making bbq sauce, cooking pies, running a business, etc. for over a decade might have come up with some unique insights, methods, and practices that they prefer not to put on display.

Even more nonsense.  If the above is not an example of overly nonsense, I am not sure what would be.

If you cant imagine those kind of people are out there in large numbers, then ok, no problem Im not offended if you dont believe me and think everyone is a drone reading books on bollinger bands and watching Tone Vays count to 9 on youtube Grin
and even more... go figure?

Good chat. Have a wonderful 84th day of the new Baby Bull Market. Stack Satoshis Saturday is upon us. Cheesy

Stack satoshis might have been your only decent point in that whole post.  Oh my.
Well congrats you remained civil for a few posts, but now you are back to your true nature which is an abrasive and thin skinned prick, with a little too much salt in his cunt. I will treat you accordingly. Eye for eye, tooth for tooth

If you have a longer post in your chatbot archives, Id like to see it Tongue
Well Mr. Salty Cunt, I see life has made you overly jaded and cranky and you see the world as full of trolls, liars, and drones with no original thoughts. Your arguments amount to "when people say stuff like X, i know its not true". This is weak logic and shows your irritable nature wont let you think clearly without bias. Your abrasive and flawed personality combined with a lack of time management skills has made you the wordy poster you are, but at least you are a long time Bitcoin Bull.

If you had had the conviction in Bitcoin that you have in being "Mr. Always Right About My Silly Points That I Like To Waste Peoples Time On", you might have gone all in in 2014 like myself and have a lot more coins, but to the victor go the spoils. I believe in Bitcoin and its future more than you and always have. Obviously my belief and conviction irritates the salt sores on your cunt you so you nitpick to no end and cry "Troll, Liar, Bear Market!!!!". Cry all you want and type till your fingers bleed while I just laugh at you and point out your flaws more and more. Wink

Please PM me the coder who invented you so I can suggest improvements to your persona.  Roll Eyes

84 days into the new Bull Market and all is well. Grin
1662  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2019, 01:58:40 PM
[ edited out]

I missed the name calling on both sides. Glad we agree on the boilerplate part. As far as labeling our probabilities of future outcomes as guesses, I stand by that.

Maybe now, we are meandering into the extent to which guesses are involved in this whole matter, or how to categorize what is a guess?

In the past few hours, I have been attempting to reflect a bit on what point you have been attempting to make with your seeming ongoing desire and persistence to label what is going on as a "bull market" or a "baby bull market," and your earlier "baby bull market" kind of gives away what you are attempting to achieve.

Largely you are trying to argue that you are pretty convinced that for whatever reason you believe that the bottom is in, and this price downtrend is reversed.  You are trying to emphasize your point by labelling the matter as a baby bull market.  Some of the rest of the matters that you are throwing in are not as central to those kinds of main points that you are trying to make with your labelling our current status as a "bull market" or "baby bull market."  And, you are largely both attempting to be predictive with your implication that the "bottom is in", and you may end up being right, but you also seem to be attempting to provide a kind of spin doctor reality to the matter by suggesting that if we all begin to believe that the bottom is in then we will act in such a way that causes the description to fulfill the prescription.

I have called you a troll, and other similar names a few times, because I had been kind of questioning some of your exaggeration intentions; however, I may be developing a little more sympathy for your whole framing of the matter if I am correct about your intention to merely cause more bullish thinking that might assist to make what you want to be reality come true.

I don't have any problem with having bullish intentions, because as you likely pointed out several times, I am a bitcoin bull myself, and my investment practices and behaviors in bitcoin attempt to reflect my bitcoin bullish sentiments and beliefs.  Nonetheless, I question how much utility comes from what seems to me to be exaggerations that are likely NOT going to change the market anyhow, and could actually result in a lot of blowback when your seeming exaggerations end up NOT even coming close to coming true.

So, for me, it may be more of a personal tone matter in which I believe in having low expectations in order that it is way more likely that my expectations are going to be reached and exceeded - because I have found that if I create or follow higher expectations or exaggeration, then there is a real high likelihood that its going to end in a lot of disappointment when those exaggerations and high expectations are not reached.  

The scientific method is based on hypotheses which are educated guesses based on prior knowledge and observation.

You are getting into a different field here, and I doubt that we need to go down the "scientific method" road in order to understand what people do.  We are not scientists, but we still are easily capable of assigning various probabilities to future events and outcomes.  Some events and outcomes are highly probable and some are not, and each person is going to assign varying probabilities to various outcomes and the compounding of calculations which might involve pure guessing in some cases is likely going cause a whole hell of a lot of different views about the future, even if there is agreement on some aspects.  For example, both of us might assign a real high probability that the sun is going to come up tomorrow even if we have differing views about the dynamics that cause that.  Predicting human behavior and markets (that involve a lot of human behavior) are way more complicated, and we do not necessarily need scientific methods to attempt to employ various kinds of probability theory, even though sometimes people with scientific minds and thinking are going to have more specialized approaches, but there are a whole hell of a lot of really smart people and scientists who don't know what they fuck they are talking about in regards to bitcoin matters (even if they might have opinions about it).. hahahahahaha

Im not implying your guesses are random dart throws,

hahahahaha  good.... however, just the fact that you bring that up seems to show that you are assigning way more randomness to opinions than they likely deserve, including the opinions of yours truly.   Tongue Tongue

but the implication is we make our best guesses, based on prior knowledge and observation.

Fair enough about this point.

If you arent guessing, then you would be 100 percent certain.

There is no need to lump all aspects of knowledge into one category.  Like I attempted to describe above, there are certain categories of information that are more certain than others and even more undisputed.  Like we are going to agree about what is going to happen, so for example, if we talk about bitcoin's halvening, we can agree to a lot of aspects about it, and if we talk about how many BTCs are produced per 10 minutes and about how miners might increase or decrease their hashing power based on BTC price.  However, the more factors that we attempt to account, the harder it comes to both assign probabilities to the behavior or what kind of an impact those factors are going to have on the BTC price and even the extent to which one factor or another matters or how other people might view the event, including how much weight to give to BTC price momentum versus news versus fundamentals versus public perceptions or regulations.  

What I am trying to say is that we are going to weigh various factors differently, and even come to differing weighing of their impact on bitcoin and there will also be some guessing involved too.  Some people have access to more information, and do not have to guess as much as others about certain aspects, but still it is quite likely that no one really knows while at the same time no one is completely guessing about everything either.  By the way, some people seem to make some of their guesses/predictions based on a combination of numerology and conspiracy theories about bitcoin manipulation, and sometimes they might end up being correct, too.

Basically you might not prefer my word choice(no worries), but it is accurate based on widely accepted definitions.

There are word choices and there can also be questions about what factors are being considered and how much weight is given to factors and how much pure guessing might be going on.


As for answering your last questions. These are good questions and while I do enjoy sharing my hypothesis that the bottom is in and the bull market is upon us, I at this time am not willing to share all of the inner workings and procedures that led to this decision, so I will have to respectfully decline those questions.

That above is a real bullshit and seemingly disingenuous troll answer.  I had made questions that are so easy peasy that almost any genuine poster should have been able to at least make some kind of stab at disclosing which BTC price points or what factors caused them to arrive at their conclusion about when the bull market or "baby bull market" in this case and your terms was triggered and/or entered into.  

The fact that you don't even make any kind of reasonable attempt shows that you are either acting disingenuously (as a kind of troll), that you are a dumbass (I don't think that is the case, by the way) or that you are purely making shit up (guessing) just for the mere sake of it.

In other words, based on your already demonstration of writing and analyzing abilities (including your demonstration of your detailed trolling efforts aimed largely at roach and gembitz), it should be quite easy for you to write out something like this:

>>>>>>>>Between December 7 and December 15, I saw that the bears had put in a lot of effort to attempt to bring the BTC price down, and the best that they got on December 15 was $3,122.  Subsequently, by December 21 and December 25, the BTC price rebounded to $4,100 and $4,200 respectively.  At no later point have the bears been able to bring the BTC price down below $3,300.....blah blah blah<<<<<<

You should have easily been able to come up with some kind of plausible and seemingly genuine bullshit ideas to show that you are at least attempting to make an effort in the right direction, but instead you play the "trade secrets" phoney baloney card... Your handler told you to say something like that?  hahahahahaha


Some of my knowledge and procedures I consider to be "proprietary" for lack of a better word. Im not selling anything to anyone, but it is the fruit of my labor from 16 years of investing and trading so I will keep the sauce recipe to myself.

Oh my!!!!! I have heard this kind of nonsense before when I troll attempts to avoid answering by playing both the expertise card and the trade secrets card.  

Not believe-able.  You gotta try harder.. or actually try less hard.  Being genuine does not take a lot of effort, but when you are not genuine, your bullshit will tend to seep through, which likely shows that my time is being wasted attempting to explain some of these basic concepts to a disingenuous poster..

I will be serving that sauce though on Bear Meat to anyone who would like a sample Grin

Not convincing... after reading your previous few sentences.

Bravo, that may have been your longest post ever. I am honored Wink You are on the money on most parts but as for the spin doctor part. Its an interesting conjecture on your part, but no Im not trying to influence the market. I cant imagine any situation where a few hundred posts over 5 years would ever have any influence whatsoever. Surprised you would even think I might bother attempting that but its still kinda interesting, I mean WO is the CEO of Bitcoin and all the banker bigwigs are probably reading this to learn about Bitcoin. Roll Eyes

As for the last part. You wanted to know exactly why I believed the bottom was in. To give you an in depth and candid answer would require my fairly complicated trading/investing procedures that are very unorthodox and completely a product of my own sweat and creative energy over 16 years. Its not about which TA metric did I willy nilly pick out of a book and I dont want to tell you which one it is. If I had copied it from someone else Id have no problem sharing it. Im being completely truthful about this, and I cant imagine why this would be hard to believe.

I would think that many people have developed unique ways to analyze available info without resorting to being a drone like Tone Vays and counting to 9 over and over. Grin Its not so much its a trade secret and someone will steal it if I share all my methods, its more that I have no benefit to share them and dont feel like having to go through a tedious process of explaining things that would be time consuming for me to communicate effectively just so strangers on the web can critique them or whatever else they want to do. Answering your questions completely would be a major imposition on my time and privacy and doesnt benefit me in any way, so I politely declined.

If it was a simple run of the mill answer like you gave example to above, I would be happy to share that, but its not so I declined.

Pretty fair and reasonable and very believable if you can imagine that many people out there who are heavily involved in any activity such as trading, investing, making bbq sauce, cooking pies, running a business, etc. for over a decade might have come up with some unique insights, methods, and practices that they prefer not to put on display.

If you cant imagine those kind of people are out there in large numbers, then ok, no problem Im not offended if you dont believe me and think everyone is a drone reading books on bollinger bands and watching Tone Vays count to 9 on youtube Grin

Good chat. Have a wonderful 84th day of the new Baby Bull Market. Stack Satoshis Saturday is upon us. Cheesy





1663  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2019, 12:34:16 PM
Something Pumpeth this way comes.
1664  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2019, 06:09:54 AM
84 days into the new Baby Bull Market and all is well.  Cheesy Each day he gets a little stronger.

https://www.youtube.com/watch?v=_HolpTkQBSo
1665  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2019, 02:45:07 AM
Bcash boys dumps are getting smaller and smaller. Soon we smash through 4k.

Its a Bull Market ya know Cheesy
1666  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2019, 02:36:24 AM
https://www.zerohedge.com/news/2019-03-08/fake-moneys-face-value-deceit

"So it was, with dishonest intentions, that he burgled a rare coin collection with no clue what it was that he’d taken.  To his soft and greedy mind all he saw was a hoard of coins with a face value of One Dollar.  Thus, he redeemed them for cash.  Zero Hedge offers the details:

“After stealing a rare coin collection from an elderly and disabled retiree, Shane Anthony Mele, dumped what their owner said was at least $33,000 worth of collectible coins down a Coin Star machine at a Florida supermarket and collected their face value, receiving about $30 – enough for a couple of 12 packs.”"

I hope he at least got 30 dollars worth of Bitcoin.  Roll Eyes
1667  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2019, 01:16:04 AM
[ edited out]

Nobody ever said 100 percent. Nothing is 100 percent, this is just obvious. You say its stupid to call an outcome 100 percent, well I agree with this, never claimed 100 percent accuracy, and will point out this is no revelation.  

Words have meaning.  So sometimes your words will add up to too high of a level of certainty, so even if the implied meaning is less than 100%, the words are still committing too much to describing the future with too high degrees of certainty.

You have your opinions on probabilities that we are in a Bear Market, I have my opinions on probabilities that we are in a Bull Market and the bottom is in.

No problem.  I never suggested that people have to agree here, but if you start saying ridiculous things, that can cause responses from peeps like me.

Neither one of us can prove it, only time will do that.  

There is no need to prove a prediction.  Anyone can make predictions; however, if you express predictions as anywhere near certainty, even if you are not using terms such as "100%" blah blah blah, if you are stating matters in way too certain ways, then you are likely to get disagreement responses.. or just people telling you to shut up with your seeming sorcery nonsense.

Parading your opinion that market conditions favor down as fact would be deceptive.

I am not sure whether what I am saying is as severe as you seem to be trying to make it out to be.  Currently, all I am saying on a personal and more specific level is that the odds for down are 52% and the odds for up are 48%.  There is nothing outrageous about that because what I am saying is only slightly in favor of down, so the difference between the odds for up and down are not even very different from one another.. only just slightly in favor of down.

This is an observation, not an accusation.

Hey, until we broke below $6k, I was frequently attacking various posters for "prematurely" saying that we were in a bear market.. but once we broke below $6k, such description seemed to have become more accurate... or at least fair.

By the way, I would not get on your case as much if you were asserting that we are in a bull market since 2009, but instead you are trying to frame your stupid ass position from 83 days.. which is ridiculous, especially since the peak of the price was more than a year ago, and you are merely trying to select the last 83 days from that in order to make your claim.   So to give you a hint, I would likely not be so combative against your position if you were at least picking a point before December 2017 as your starting point, and you would have to go back to September 2017 or earlier for that and for your claim to a bull market makes reasonable sense in terms of both facts and logic.

As your claim stands now 83 or even 84 days makes no sense because it is a mere selective presentation.

Admitting its just what you think and anything is possible is fair and honest. Its just your best guess.

Are you trying to throw out all logic?  It's like when people are comparing politicians and varying levels of corruption. Sometimes at a certain point they just throw up their hands and assert that all politics are corrupt, even though there are degrees of corruption.

We are all guessing when it comes to predicting the future.

I don't think so.  You might be admitting to guessing.  I am not admitting to that.  I am attempting to assign probabilities to various outcomes.  Yes, I might end up being wrong, but I am not guessing.

I figured this was a given, but I dont mind pointing it out if its not.

Maybe that is part of the flaw in your presentation, if you try to assume too much about community expectations and what is presumed to be our logical or factual starting point(s)?

Nobody expects every post to have a boilerplate disclaimer paragraph at the bottom of each post explaining how its possible that their predictions might not be 100 percent correct.

I agree.  You don't have to do that.  Each of us have different ways of expressing our ideas, and also I understand in real world parlance there is a tendency to speak in absolutes.  However, if we are dealing with differing opinions shared on the interwebs, there might be ways that are more effective and less effective in terms of avoiding combative responses, if you are trying to avoid combative responses.  No matter what there is going to be some negative feedback, too.  That comes with the territory of active participation in a vast majority of public threads.

Anyway, thanks for the civil response.  Smiley

So far so good.  I only called you names a few times, and so far, you have only called me names a few times, so maybe we are mostly staying on-topic?


I still firmly believe we are 83 days into a Bull Market. This is my current view and only a break to new lows or some major fundamental change will change my opinion.  Grin

Now that you went through your whole litany of responses, what is your reason for your belief that we are in a bull market?  When did your belief trigger?  On December 16, as soon as the onslaught was over?  You have been making the assertion for a while, so at what point did it start?  How do you define reversal? What points triggered "reversal"?  Merely your belief and guess?

I missed the name calling on both sides. Glad we agree on the boilerplate part. As far as labeling our probabilities of future outcomes as guesses, I stand by that. The scientific method is based on hypotheses which are educated guesses based on prior knowledge and observation. Im not implying your guesses are random dart throws, but the implication is we make our best guesses, based on prior knowledge and observation. If you arent guessing, then you would be 100 percent certain. Basically you might not prefer my word choice(no worries), but it is accurate based on widely accepted definitions.

As for answering your last questions. These are good questions and while I do enjoy sharing my hypothesis that the bottom is in and the bull market is upon us, I at this time am not willing to share all of the inner workings and procedures that led to this decision, so I will have to respectfully decline those questions. Some of my knowledge and procedures I consider to be "proprietary" for lack of a better word. Im not selling anything to anyone, but it is the fruit of my labor from 16 years of investing and trading so I will keep the sauce recipe to myself. I will be serving that sauce though on Bear Meat to anyone who would like a sample Grin

1668  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2019, 11:21:02 PM
I bought a little on this small dip.

Me too, Stack Satoshis Saturday is here. Grin Bull Market dips were made to be bought.
1669  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2019, 11:11:30 PM
I'm currently thinking three scenarios that would get us out of my own personal consideration of this current bear market and into a conceptual bull market.

1) BTC price rises above $6k and stays there for at least two months

2) BTC price rises above $4.5k and stays there for at least six months

3) BTC price does not break below $3,320 for at least one year

Anyone going to label my tentative "getting out of a bear market and into a bull market" conditions ridiculous?

Given the upward slope of every long term support/trend line, $3,320 in 11 months would put is in bad shape, as I believe it would violate pretty much all long term bull lines.

hahahahaha

I guess my thinking is not straight on the topic then.  My idea of minimum standards and anti-fragility might be pie in the sky?  Perhaps?  because I do not consider bitcoin to be dead under those kinds of extreme flat conditions... though if it really does happen, then I might reconsider if I believe that, then, it is time to convert from thinking of the BTC price situation as a bull market and having had transformed out of our current ongoing bear market (until otherwise*) status.'

(*o.k.  Lambie, I am stealing some of your descriptive choices and reframing such descriptions in my own way of thinking about the matter.. you probably stole that phraseology first, so I am not too worried about it.   Tongue Tongue)

Steal away my friend Cheesy Only so many words in the English language, we all have to steal something!
1670  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2019, 10:50:56 PM
I'm currently thinking three scenarios that would get us out of my own personal consideration of this current bear market and into a conceptual bull market.

1) BTC price rises above $6k and stays there for at least two months

2) BTC price rises above $4.5k and stays there for at least six months

3) BTC price does not break below $3,320 for at least one year

Anyone going to label my tentative "getting out of a bear market and into a bull market" conditions ridiculous?

Okay with 1 and 2 and not for #3.
These scenarios can possibly happen, this market is never easy to predict as it's full of surprises.
But my prediction is at least $6k this year because from that price, we dropped to the current price.

It is not a prediction.  It is a description of various possible scenarios.  

Accordingly, those are conditions in which I am planning to convert my assessment of the current BTC market dynamics from current status of bear to bull.

Here is my opinion on this matter. All three scenarios would give one a very high probability of being correct in declaring a Bull Market. The nuance here that is important is that the Bull Market would not start on the day one of these conditions was met, it would still have begun on December 15, 2018. Bear Markets have a way of beating a lot of bulls down and making them set a very high bar for what it would take for them to consider the market to have flipped back to bull.

We might be close to agreement in part of this here statement, but let me explain a bit. 

This is not about whether anyone is getting "beaten down" or losing spirits, so we do not cheerlead in order to attempt to change the truth or the reality that we are in, but a significant difference in how a market is labelled would cause different outcomes in the assignment of probabilities for BTC price direction.

For example, in a bear market the probability for down might be 52/48  however in a bull market that probability for down might shift to 48/52.  It's an attempt at an objective assignment about probabilities NOT about how any one feels in particular.  Feelings don't matter very much when assigning probabilities, and they also might get in the way of reality to attempt to take them into account in terms of how you judge the market or how you might want others to feel about the BTC price or market situation.


I was very dedicated to accumulating stocks and index fund investments for years before Bitcoin came along and saved me. Bear and bull markets traditionally are measured by 20 percent moves, but this would be ridiculous in Bitcoin because by that metric we would have had countless bear and bull markets in the last ten years.

Agreed.  We are not going to use some of the traditional market measures here both because bitcoin is not anywhere near a mature market, and bitcoin is very likely in an scurve exponential adoption curve that overall skews its whole price performance dynamics more in terms of UP and explosive up, even though sometimes in the short term the explosive up dynamics and possibilities can get lost in the mix.

This forces us to arbitrarily pick what constitutes a Bull or Bear market.

It may feel arbitrary, and that is why I attempted to set forth some dynamics in which I would be ready and willing to change the label that I assign.


We are the pioneers laying down what future generations of coiners will consider traditional.

I don't know about that.  There may be some truth that there is no other asset class exactly like BTC previously or in the future, but once BTC matures, its market dynamics are likely going to change as well to those dynamics of a more mature market where traditional tools might become more applicable to it, perhaps?

I do think it is important to distinguish the difference between a circumstance giving one confidence that we are in a Bull Market, vs that circumstance marking the beginning of said Bull Market.

Even if subsequently, it is decided that the bullmarket started, as you said in December 2018, it does not change the current dynamic that we are not yet in such bullmarket in terms of current reasonable and prudent assignment of short term BTC price dynamic possibilities.  Currently, those market dynamics remain in favor of down, which is thus a bear market, so calling it otherwise is erroneous at least and perhaps deceptive.

You might say that for a sports team that has languished through terrible seasons to have turned itself around and have a good season that the team would need to meet a goal like making the playoffs, or having a winning record 3 quarters into the season, etc.

Could be a fair analogy.

However if the team gets to the playoffs and you say, well there you go, that team that used to be trash is having a good season, you would be correct. It would also be correct to point out that the good season started in the first play of the first regular season game and the former trash team was having a good season all along, many just didnt believe in them till they made the playoffs.

fair enough.. but who cares?  The odds were against such trashy team until a certain momentum point.

A few hardcore fans would have been going to pre-season games and cheering on their beloved team from the beginning.

Again, you can cheer all you want, but it does not change dynamics.  The outcome is not inevitable, and even though the outcome ends up becoming 100%, once it happens, it does not change the dynamics that the outcome might have been 48% two months earlier. or even two days before when the unlikely outcome ended up actually happening against the odds.

It is stupid and irresponsible to call any outcome as 100%, especially when in the future.


Bitcoin has had a shit season, no doubt. I believe that Bitcoin will make the playoffs, win the Super Bowl, win the World Series, win the Stanley Cup, win the Masters, win the World Cup, unify the boxing heavyweight titles, and win the UFC heavyweight championship. I realize many wont believe until they see more results, but I say.................

83 days into the new Baby Bull Market and all is well Cheesy

You can believe all you want, that does not change where we are at, currently, which is in a bear market with 48/52 or whatever odds in favor/against short term up or phrased another way the bottom NOT actually being "in"..

Nobody ever said 100 percent. Nothing is 100 percent, this is just obvious. You say its stupid to call an outcome 100 percent, well I agree with this, never claimed 100 percent accuracy, and will point out this is no revelation.  

You have your opinions on probabilities that we are in a Bear Market, I have my opinions on probabilities that we are in a Bull Market and the bottom is in. Neither one of us can prove it, only time will do that.  Parading your opinion that market conditions favor down as fact would be deceptive. This is an observation, not an accusation. Admitting its just what you think and anything is possible is fair and honest. Its just your best guess. We are all guessing when it comes to predicting the future. I figured this was a given, but I dont mind pointing it out if its not. Nobody expects every post to have a boilerplate disclaimer paragraph at the bottom of each post explaining how its possible that their predictions might not be 100 percent correct.

Anyway, thanks for the civil response.  Smiley

I still firmly believe we are 83 days into a Bull Market. This is my current view and only a break to new lows or some major fundamental change will change my opinion.  Grin



1671  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2019, 09:37:25 AM
via Imgflip Meme Generator

I don’t know exactly what it is, but surely there is place for r0ach as well......

Lmao, we need a translation of that sign.

Once Roach sees this video he will wish he had gone to a certain high school in Alabama where he could have really fit in.

https://twitter.com/RacistOTW/status/1102598179974008834
1672  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2019, 09:15:42 AM
I'm currently thinking three scenarios that would get us out of my own personal consideration of this current bear market and into a conceptual bull market.

1) BTC price rises above $6k and stays there for at least two months

2) BTC price rises above $4.5k and stays there for at least six months

3) BTC price does not break below $3,320 for at least one year

Anyone going to label my tentative "getting out of a bear market and into a bull market" conditions ridiculous?

Okay with 1 and 2 and not for #3.
These scenarios can possibly happen, this market is never easy to predict as it's full of surprises.
But my prediction is at least $6k this year because from that price, we dropped to the current price.

It is not a prediction.  It is a description of various possible scenarios.  

Accordingly, those are conditions in which I am planning to convert my assessment of the current BTC market dynamics from current status of bear to bull.

Here is my opinion on this matter. All three scenarios would give one a very high probability of being correct in declaring a Bull Market. The nuance here that is important is that the Bull Market would not start on the day one of these conditions was met, it would still have begun on December 15, 2018. Bear Markets have a way of beating a lot of bulls down and making them set a very high bar for what it would take for them to consider the market to have flipped back to bull.

I was very dedicated to accumulating stocks and index fund investments for years before Bitcoin came along and saved me. Bear and bull markets traditionally are measured by 20 percent moves, but this would be ridiculous in Bitcoin because by that metric we would have had countless bear and bull markets in the last ten years. This forces us to arbitrarily pick what constitutes a Bull or Bear market. We are the pioneers laying down what future generations of coiners will consider traditional.

I do think it is important to distinguish the difference between a circumstance giving one confidence that we are in a Bull Market, vs that circumstance marking the beginning of said Bull Market. You might say that for a sports team that has languished through terrible seasons to have turned itself around and have a good season that the team would need to meet a goal like making the playoffs, or having a winning record 3 quarters into the season, etc.

However if the team gets to the playoffs and you say, well there you go, that team that used to be trash is having a good season, you would be correct. It would also be correct to point out that the good season started in the first play of the first regular season game and the former trash team was having a good season all along, many just didnt believe in them till they made the playoffs.

A few hardcore fans would have been going to pre-season games and cheering on their beloved team from the beginning. Bitcoin has had a shit season, no doubt. I believe that Bitcoin will make the playoffs, win the Super Bowl, win the World Series, win the Stanley Cup, win the Masters, win the World Cup, unify the boxing heavyweight titles, and win the UFC heavyweight championship. I realize many wont believe until they see more results, but I say.................

83 days into the new Baby Bull Market and all is well Cheesy

1673  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2019, 04:32:46 AM
https://www.youtube.com/watch?v=9RHV9K-ditk

This little Bull calf gets stronger each day. Cheesy
1674  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2019, 04:30:51 AM
[ edited out]

When 100k comes Im guessing Rebal15 will be holding .05 BTC and thinking he did well over the years. Grin

The new Bull Market will only truly reward true believers. Debbie downers and doubters will have the scraps if they are lucky. A fool and his coin are soon parted.

Fair enough.  Some of those troll/shill/bitcoin naysayers will either come around to bitcoin earlier or they are stacking satoshis on the side, but you are correct that a more sound strategy would be to stack satoshis and discontinue with the bitcoin bashing... so buy the time $100k comes (assuming it does), they will at least be in the more than 1 BTC club, and better yet if they could stack enough to either get into the double digit BTC club or the 21 club.

Agreed. Sadly I doubt Rebal15 will last long in this game. I think his first post was something about if it goes down anymore he will sell everything Roll Eyes

He has been called a Roach alt, but Im gonna give Roach a lot more credit than that.

Rebal15 if im wrong and you gain some conviction and act diligently to stack more coin, then kudos to you. Its still very early and 100k is inevitable.
1675  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2019, 04:11:19 AM
[edited out]

Perhaps our Roach and his future lover Gembitz were slain as the bear market morphed into a new Baby Bull Market.  Wink

I am not going to go so far as to say that there is no such thing as a "baby bull market" but surely we are not in such a market yet.

The evidence seems pretty strong that we are currently in a bear market... however, subsequently, if the current bottom of $3,122 is not breached, and better yet $3,700 is NOT breached then there could be some later BTC price behavior that causes us to subsequently describe this period as the beginning of a bull market (aka baby bull)... but we are very far from such a defined state, and it remains about a 52% to 48% proposition that the bottom is NOT in.

The market has been bullish for 82 days since the low of 3122. For Bears to claim continuation of a bear market they will have to break this low. The burden of proof is on them. Its a Baby Bull Market until then. Bears never broke the Jan 15 low in 2015 and the rest of 2015 was a bull market. We are in the same pattern until proven otherwise.

Its a Bull Market ya know.

Seems to me Lambie Slayer is a nice person. Would like to meet him @ the 100k party next year.  Cool

Very much looking forward to meeting you sir. 100k will be a beautiful day Grin


Even "roach wannabes" can have some humor in them.   Cheesy Go figure.  Wink

When 100k comes Im guessing Rebal15 will be holding .05 BTC and thinking he did well over the years. Grin

The new Bull Market will only truly reward true believers. Debbie downers and doubters will have the scraps if they are lucky. A fool and his coin are soon parted.
1676  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2019, 08:53:30 PM
When POMP Hairy?

$6k by December 2019

$10k by mid 2020

New ATH at start 2021

Then POMP

I fully support the sexiness and correctness of this Bull Market timeline.
1677  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2019, 08:29:27 PM
[edited out]

Perhaps our Roach and his future lover Gembitz were slain as the bear market morphed into a new Baby Bull Market.  Wink

I am not going to go so far as to say that there is no such thing as a "baby bull market" but surely we are not in such a market yet.

The evidence seems pretty strong that we are currently in a bear market... however, subsequently, if the current bottom of $3,122 is not breached, and better yet $3,700 is NOT breached then there could be some later BTC price behavior that causes us to subsequently describe this period as the beginning of a bull market (aka baby bull)... but we are very far from such a defined state, and it remains about a 52% to 48% proposition that the bottom is NOT in.

The market has been bullish for 82 days since the low of 3122. For Bears to claim continuation of a bear market they will have to break this low. The burden of proof is on them. Its a Baby Bull Market until then. Bears never broke the Jan 15 low in 2015 and the rest of 2015 was a bull market. We are in the same pattern until proven otherwise.

Its a Bull Market ya know.

Seems to me Lambie Slayer is a nice person. Would like to meet him @ the 100k party next year.  Cool

Very much looking forward to meeting you sir. 100k will be a beautiful day Grin
1678  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2019, 08:26:03 PM
[edited out]

Sir its an olive tree. I will consider you my Bull fren unless I read an insult from you in the future. Then and only then we shall fight.  Cheesy

Makes me want to insult you, just for spite.

I have zero issue with you not agreeing me and letting me know in a civil manner. Oh and I did answer your question in my last comment in an edit.

Like I already said, I am not going to spend any time reading through edits like the non-conventional and confusing way that you presented those earlier ones.  That's what trolls do.  They create make-shift work for honest and regular people, and in the process attempt to confuse matters when they are not engaging in distracting and gratuitous personal attacks.  

In other words, even though I am tentatively inclined to believe that you are a troll, I am willing to test drive this riding lawn mower tractor for a wee bit longer...  hopefully it won't beak down and just for shits and giggles.  

Your welcome to insult me out of spite whenever you like, but of course you know the consequences will be severe. I prefer being a friend to all Bitcoin Bulls. Everyone engages in trolling on the Internet, including you, this shouldn't be a revelation.

Its surprising you dont have time to read my posts. Im not naturally inclined to believe you, I didnt think time management was a strong suit of yours Wink But since we are Bull Marketfriends now I will take your word for it. Grin



1679  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2019, 08:34:12 AM
[edited out]

Well said sir. Glad we are seeing eye to eye on everything now.

I am not going to spend any amount of time to read any of your various changes (strikethrough, bold or whatever your intrusions) to my earlier post because that style of communication is confusing at best and more likely just childishly leading to no where beyond a kind of spinning of wheels and ongoing evasion of substance - which seems to be your MO and coincidentally, the MO of many trolls.... What a coincidence!!!!


While I make fun of your wordiness, I do admire your dedication to the Bitcoin cause, its impressive.

I don't mind being admired.  It does happen, once in a [great] while.  hahahahaha

I feel its the most important cause of our lifetimes. You have your opinions and I have mine.
No.  It is not that big of a deal.  People share opinions and they sometimes differ in opinions.


No sense in long time and long term Bulls worrying too much if their opinions dont line up exactly.
Well, if that were actually true, then hopefully we will be able to experience some better exchanges of ideas.. We will see.

I look forward to civil discourse w you or eye for eye tooth for tooth.  The choice is yours, I always come in peace unless you are a bear troll.

Sounds like an olive branch.. but I suppose time will tell.


IMHO:

1. The bottom is in.

I hope so.

2. 83 days now into the new Bull Market and all is well. Cheesy

Way too premature to call, of course.

Fight Me. Wink
Already did.  Been there; done that.

Sir its an olive tree. I will consider you my Bull fren unless I read an insult from you in the future. Then and only then we shall fight.  Cheesy
I have zero issue with you not agreeing me and letting me know in a civil manner. Oh and I did answer your question in my last comment in an edit.
1680  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2019, 08:05:10 AM
[edited out]

Perhaps our Roach and his future lover Gembitz were slain as the bear market morphed into a new Baby Bull Market.  Wink

I am not going to go so far as to say that there is no such thing as a "baby bull market" but surely we are not in such a market yet.

The evidence seems pretty strong that we are currently in a bear market... however, subsequently, if the current bottom of $3,122 is not breached, and better yet $3,700 is NOT breached then there could be some later BTC price behavior that causes us to subsequently describe this period as the beginning of a bull market (aka baby bull)... but we are very far from such a defined state, and it remains about a 52% to 48% proposition that the bottom is NOT in.

The market has been bullish for 82 days since the low of 3122. For Bears to claim continuation of a bear market they will have to break this low. The burden of proof is on them.


Diptwat nonsense.  

We can argue about whether the probabilities are 52% that the bottom will be tested (as I might suggest) or perhaps you can provide a lower probability, such as 20% or 10%, whatever is your level of confidence that the "bottom is in.'


Its a Baby Bull Market until then.

Diptwat nonsense

Bears never broke the Jan 15 low in 2015 and the rest of 2015 was a bull market.

 The whole of 2015 was a flat and depressing period for a lot of BTC HODLers with fear that the January 15 low of $152 would have been tested again.  

  (diptwat nonsense, old twat needs to go to bed Wink).



We are in the same pattern until proven otherwise.

True

Its a Bull Market ya know.

The only bull market is your spreading of bullshit and false hope truth.  I don't know your purpose(bc im a cranky tardtwat), but you are truly disingenuos awesome with your attempt to impose bullshit and unreal pie in the sky definitions Bullish Truth.. \

after Jan 2015 we were in a bull market and finished the year much higher. If it was depressing for you its bc you lacked conviction of the future glory of Bitcoin

Did I say that this was about how I felt?   I am responding largely to your attempt to reframe history with rose colored glasses, merely because after the fact we know what happened, even though while it was happening, we did not know, and there was very little confidence in the space.

By the way, if you know anything about me, you should not even be attempting to conclude that I was lacking bitcoin conviction in 2015, and my historical posts in this thread likely show a whole hell of a lot more conviction than what your posts from back then show, at least in terms of what I did with my portfolio was continue to buy during that period.  What were you doing then?


and perhaps you were depressed bc living life as an abrasive asshole of a cunt probably would depress anyone, even a google chatbot. Cheesy

1st you are repeating your assertion that I was supposedly depressed in some kind of a way beyond anyone else, and like I already said, my assessment of the market situation during that time was not about me, but about what was going on at that time in terms of price movement, that you mischaracterize in false and misleading framework.

Your problem Ballerina Bot-twat

misplaced concreteness... What does my avatar got to do with anything?    Roll Eyes Roll Eyes

is that you attack fellow Bitcoiners

I am attacking your opinions.  As you may realize, I stay salty.

who werent attacking you

Again.. think about ideas, rather than taking matters personally.  I am largely attacking your nonsense approach and attempt to impose baloney pie in the sky definitions....   Actually, didn't you say that you were done here, at one point, after you had supposedly accomplished some slaying, you were going to leave.. but no, we are not so lucky to have you leave.   Roll Eyes Roll Eyes

bc you are living in a miserable state of stress and anxiety for reasons Im sure you are aware of.

Fuck, everyone can see Im miserable and post endless words for therapy.

Maybe you have pissed off friends and family in real life with your nasty attitude and dont know how to react to others in a civil manner.

Yes, I did comment recently about being stressed from being around family. Good point sir.

Maybe you have some age related ailments causing you pain and suffering and its making you cranky and salty.

yes, my back hurts a lot


Maybe some Ballerina Man touched you when you were a child and you never got over it, I dont know,

Yes, you are getting to the important part, bolded above.  You don't know, but I would never admit it anyway.

but something is off with you.

In this context, the main thing off with me, is lashing countless W. observers over the last five years, no matter how civil they were to me.

Your lashing out proves it over and over.

Yes, you caught me having a salty cunt episode, sorry bro, Ill work on being a better person.  You are the one who posted the provocative truthspie in the sky claims about the supposed current state of bitcoin.  I just responded to that with insults which was a twattish thing to do, I will try and be better I swear, its not too late to work on improving my mental state, I dont want to end up like Roach.  You are the one who wants to attempt to convert this into some kind of personal matter correct for calling me out.

Ive tried multiple times to be respectful towards you bc you are a dedicated Bitcoiner which I try to appreciate, but your salty cunt outbursts wont get you on my ignore list, I prefer dealing with you directly. Eye for eye, tooth for tooth.

O.k.  No problem with that.. if you can try to address the substance, then that would be great.. Also, if you moderate your imposing and presumptuous assertions about he BTC price direction, that would be great, too.. My cunt gets a salty feeling when your view of market conditions doesnt fit mine exactly. You see I have written more words than than any poster on Bitcointalk.org and for this I feel I am entitled to be pissy when someone is more Bullish than me.

As for the new Bull Market, its been 82 days and we are up significantly from the lows with the halving approaching.

Great an attempt at substance.  Yes. I can agree with you that there has been approximately 82 days since the low of this correction cycle and I can agree with you that the halvening is coming up in nearly 15 months.  So those are both bullish matters, yet I don't see why you feel some kind of compelling need to jump to a "bull market" or a "baby bull market" label based on those?

For it to be a bear market we have to make new lows at some point. Until this happens the burden of proof is on the Bears to prove we are in a Bear Market.

Yes, you are repeating your nonsense here.  The bear market likely came in about mid-November 2018 when the BTC price dropped from $6k to $3k and did not quickly rebound... If we could have snapped out of that quickly and back to $6k then we would have likely not have gone into a bear market, but instead we did... sucks, but for now, we are in a bear market until breaking above certain price points.  I had described them before, but anyhow, you are the one who has the burden, if anyone.... and it get's worse when you are attempting to make your illogical assertion of a wishful thinking bull market with little to no context.  blah blah

Of course, I will be more than happy if you are correct about the "bottom being in", but I am not going to get my hopes up merely because you keep repeating non-substantiated and unconvincing conclusory statements about the bright and rosey status of our current BTC price inclination situation.

If they dont bring us to new lows pretty soon they are fucked imho. Not enough coins and too much fiat.

Actually, I agree with you about this part.  Maybe it is the one sentence of your whole post that kind of makes a tiny, itsy bitsy amount of sense.  

I personally believe that bears are going to push the BTC price down and keep the BTC price down for as long and as low as they can and at a certain point they are likely going to run out of coins.  Part of the problem is that we cannot really know how much coins they have and how determined they are.  Surely, there can be problems with the ability of some corrupt players to print as much money as they need in order to engage in this activity at a loss, but even historically, we have seen that sometimes, they just cannot get the price to go down anymore and the least resistance ends up being UP rather than DOWN.  Still, a problem is NOT really, knowing for how long and how low they can get it and what tools they may be using to get coins perhaps OTC and then transferring to exchanges to dump.. yet sometimes, they run out of coins... but when ?  when?  a million dollar question.

Its a Bull Market ya know Wink

All I know is that you keep repeating this false claim and untruth, which makes you look either like a naive person or like a troll or shill of some sort. Sorry I lashed out bc every time I think you dont completely agree with me my cunt gets that same old salty itch.


Well said sir. Glad we are seeing eye to eye on everything now. While I make fun of your wordiness, I do admire your dedication to the Bitcoin cause, its impressive. I feel its the most important cause of our lifetimes. You have your opinions and I have mine. No sense in long time and long term Bulls worrying too much if their opinions dont line up exactly. I look forward to civil discourse w you or eye for eye tooth for tooth. The choice is yours, I always come in peace unless you are a bear troll.

To answer your question, I have had over 90 percent of my net worth in Bitcoin since 2014. I have added more coins each year. I never lost conviction when it lost most of its value. I have zero other investments. I sold all forks as soon as possible. I have never stopped working even though I could easily have sold it all and retired decades ahead of time. I truly enjoy what I do for a living and it pays well. You have shown dedication, but as for investing conviction, I dont think you are anywhere close to me, Im basically all in, all the time. If it goes to zero I will have no regrets.

IMHO:

1. The bottom is in.

2. 83 days now into the new Bull Market and all is well. Cheesy


Fight Me. Wink




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